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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

Recent sales data—when combined with the slump in the Purchasing Manager’s Index and currency devaluation in early August, as well as the summer stock market rout—suggests a significant rebound in light vehicle sales is unlikely in the coming months. million units, reflecting a growth rate over 2014 of just 1.4 million units.

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Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

Millions of new cars sold in middle and low income countries fail to meet the UN’s basic safety standards for front and side impacts, according to international automotive safety watchdog Global NCAP (New Car Assessment Program). —Global NCAP Chairman Max Mosley. This is entirely unacceptable.

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